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Residential Land for Sale in Belleview, Florida

11987 S US Highway 301, Belleview, FL 34420

$1,200,000
5.77 acres
Active
$40k drop
Est $8,235/mo

Two manufactured housing development projects in fast-growing Marion County, just minutes from The Villages, offered together for $2.495M 80 planned double-wide homesites on 15.77 acres across Belleview and Summerfield, FL At pro forma $700 lot rent and a 5.5% cap, a stabilized 80-pad portfolio here supports an estimated value of ~$8MBelleview project: 31 pads at 11987 S US Hwy 301, Belleview, FL 34420 - PMH-zoned, fully entitled, shovel-ready with signed permits, public water/sewer, Duke Energy, strong US-301 frontage, plus an existing ~1,500 sq ft home ideal for future clubhouse/sales office. Summerfield project: 49 pads at 9345 SE 140th Pl, Summerfield, FL 34491 - 10 acre cleared site with public utilities, PMH-zoned and concept plan approved, near US-441 and The Villages Ground-up development with upside beyond a typical stabilized community; sites are ~10 minutes apart for shared crews, staging, home orders, and management to reduce per-pad construction and operating costs, with a natural phased strategy to stabilize Belleview first and, potentially refinance it to help fund infrastructure and home rollout at Summerfield Flexible exit: land-lease, home sales, and/or rentals Contact listing agent for the full OM; access by appointment only-do not disturb sites or neighbors.

Location

Street address
11987 S US Highway 301
Elevation
72 feet
Coordinates
29.0482, -82.0446

Directions

Take 301 S. Across the road from the Dollar General.

Property details

Acreage
5.77 acres
MLS #
MRED 12284779
Posted

Property taxes

2023
$533

Parcels

  • 38538-000-00

Listing history

DateEventPriceChangeSource
Aug 12, 2025Relisted$1,200,000MRED
Aug 7, 2025Listing removed$1,200,000Listing agent
June 17, 2025Price drop$1,200,000$40,000 -3.2%MRED
Mar 18, 2025Price drop$1,240,000$155,000 -11.1%MRED
Feb 5, 2025New listing$1,395,000MRED
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This 5.77-acre property is located at 11987 S US Highway 301 in Belleview, FL 34420. The property is available for sale for $1,200,000 with a price per acre of $207,972.

Checked 8 hours ago — Updated

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